ESMA_QA_1354

Status: ✅ Answer Published

Link to ESMA Q&A tool: https://www.esma.europa.eu/publications-data/questions-answers/1354

Regulatory Context

Regulation : SECR

Level 1 Regulation: Securitisation Regulation (EU) 2017/2402

Level 2 Regulation: No information available

Level 3 Regulation: No information available

Topic: Securitisation Disclosure Templates

Subject Matter: Percentage of Prepayments Allowed Per Year

Submission Date: 27 May 2019

Where overpayments are not allowed without penalty, is the correct disclosure ‘0%’ or ‘ND5’?

Answer Date: 27-05-2019

[ESMA 33-128-563 Securitisation Q&A, Q&A 5.3.20] The correct entry is 0%.

This document was automatically extracted from the ESMA EMIR Q&A database.